$5,321,667 USD
262-672-8388
1 Science Ct
Columbia, SC 29203
Northeast Arcadia Lakes
HIGHLIGHTS
- Credit Tenant Affiliation: The Medical University Hospital Authority (MUHA), part of Medical University of South Carolina, holds an AA+ rating
- $8.3 Billion Dollar Budget: The Medical University of South Carolina (MUSC) Board of Trustees approved an $8.3 billion operating budget
- NNN Lease Structure: The asset is secured by a NNN lease, limiting landlord obligations and delivering a passive, management-light investment
- 3% Annual Rent Increases: The lease includes 3.00% annual rent escalations, providing consistent income growth and an effective hedge
- Core Diagnostic Infrastructure: The ±31,000 SF facility is utilized for pathology services, supporting essential diagnostic operations
- Attractive 7.50% Cap Rate: The offering is priced at a 7.50% cap rate, offering a compelling return relative to comparable healthcare investments
FOR SALE DETAILS
PRICE
$5,321,667 USD
PRICE/SF
$172 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MUSC Health Pathology
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
96
LAND DETAILS
LAND ACRES
5.98 AC
LAND SF
260,489 SF
ZONING
M-1
APN/PARCEL ID
17200-02-16
ASK ABOUT THIS PROPERTY
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262-672-8388
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262-672-8388
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